China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs

Liberalisation allowing trading of the currency across China’s borders is needed if the renminbi is to emerge as a global rival to the dollar

CHINA'S business travel market volume increased by 20 percent in 2012 and is expected to overtake the United States to become the world's largest business travel market in 2015, a global accommodations company said yesterday.

CHINA'S largest Internet company Tencent said it will invest 2 billion yuan (US$323 million) this year to encourage small and medium-sized developers to attract more third party service provider to its open platform.

MAJOR real estate investment deals in Shanghai rose in the first half of this year, with a notable return of interest from overseas buyers, an international real estate services provider said today.

SHANGHAI stocks declined today following three day of gains as dismal data pointed to a tepid growth in China's non-manufacturing sector, reviving fears of slowdown in the world's second largest economy.

CHINA'S service activity moderated last month, adding further evidence of a faltering recovery in the world's second-largest economy.

CHINESE consumer confidence rose modestly last month with sentiment improving over both current conditions and future expectations, Market News International (MNI), a unit of Deutsche Boerse Group, said in a report today.

SHANGHAI stocks declined this morning, dragged down by financials and homebuilders, after data showed China's non-manufacturing activity in June slowed to the lowest level in nine months.

Hong Kong's Environmental Protection Department has approved the seventh batch of applications for the trial of green transport technologies under its Pilot Green Transport Fund. The eight newly approved applications include the trial of one solar air-conditioning system on a shuttle bus and 10 electric light goods vehicles, involving a total subsidy of about HKD2 […]

WSJ reports: A Chinese woman and her husband have been ordered to visit the woman’s elderly mother at least once every two months, and during at least two public holidays every year, in the first application of a new law…

THE stock market ended slightly lower yesterday after reports of intensifying political turmoil in Egypt offset good news about the US economy.

OIL nearly reached US$100 a barrel for the first time this year, as traders worried about disruptions to Mideast supplies while anticipating an increase in oil demand in the US.

Japanese electronics company Sharp announced plans to cooperate with China Electronics Corporation to jointly invest USD2.9 billion to establish a joint venture in China. China Electronics Corporation, a state-owned enterprise, will hold a 92% stake in…

Hong Kong-based private equity firm Boyu Capital is planning to raise its second fund during the second half of this year with a target size of $1.5 billion, according to media reports. The firm's first fund of $1 billion closed in 2011 with backings from top-notch investors such as Temasek Holdings and Asia's riches man, […]

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To sustain demand, Beijing might need to take actions – run very large fiscal deficits, for example – that its new leaders neither want nor expect

NEW orders for factory goods in the US rose for a second straight month in May, adding to tentative signs of stabilization in manufacturing after a recent slowdown.

FRANCE'S financial market regulator said on Monday it had fined luxury firm LVMH a record 8 million euros (US$10.4 million) for failing to inform markets it was raising its stake in elite handbag and scarf maker Hermes.

CHINA and other countries need to allow more open access and competition for their shale gas industries if they want to duplicate North America's success in exploiting the resource, a senior official at BP Plc said.